Cbiz Inc’s filing revealed that its C.F.O. GROVE WARE H unloaded Company’s shares for reported $5810.0 on Nov 24 ’23. In the deal valued at $58.10 per share,100 shares were sold. As a result of this transaction, GROVE WARE H now holds 267,575 shares worth roughly $20.89 million.
Then, GROVE WARE H sold 6,849 shares, generating $397,154 in total proceeds. Upon selling the shares at $57.99, the C.F.O. now owns 267,675 shares.
Before that, GROVE WARE H sold 1,159 shares. Cbiz Inc shares valued at $64,007 were divested by the C.F.O. at a price of $55.23 per share. As a result of the transaction, GROVE WARE H now holds 274,524 shares, worth roughly $21.43 million.
Sidoti downgraded its Cbiz Inc [CBZ] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who increased its forecast for the stock in late October from “a Neutral” to “a Buy”. Sidoti also remained covering CBZ and has decreased its forecast on September 05, 2023 with a “Neutral” recommendation from previously “Buy” rating. CJS Securities revised its rating on March 31, 2020. It rated CBZ as “a Market outperform” which previously was an “a Market perform”.
Price Performance Review of CBZ
On Tuesday, Cbiz Inc [NYSE:CBZ] saw its stock jump 2.68% to $78.07. Over the last five days, the stock has gained 4.44%. Cbiz Inc shares have risen nearly 24.73% since the year began. Nevertheless, the stocks have risen 49.50% over the past one year. While a 52-week high of $79.55 was reached on 03/28/24, a 52-week low of $49.13 was recorded on 01/05/24. SMA at 50 days reached $74.94, while 200 days put it at $61.33. A total of 0.24 million shares were traded, compared to the trading of 0.24 million shares in the previous session.
Levels Of Support And Resistance For CBZ Stock
The 24-hour chart illustrates a support level at 76.64, which if violated will result in even more drops to 75.20. On the upside, there is a resistance level at 78.87. A further resistance level may holdings at 79.66. The Relative Strength Index (RSI) on the 14-day chart is 62.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.01, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.18%. Stochastics %K at 67.22% indicates the stock is a holding.
The most recent change occurred on September 18, 2018 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating.
